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First Trust Municipal High Income ETF (FMHI)

NASDAQ: FMHI · IEX Real-Time Price · USD
56.18 0.10 (0.18%)
Dec 3, 2021 4:00 PM EST - Market closed
Assets$361.68M
NAV$56.08
Expense Ratio0.55%
PE Ration/a
Shares Out6.45M
Dividend (ttm)$1.62
Dividend Yield2.89%
Ex-Dividend DateNov 23, 2021
1-Year Return
Volume50,540
Open56.14
Previous Close56.08
Day's Range56.03 - 56.18
52-Week Low53.12
52-Week High53.12
Beta0.13
Holdings381
Inception DateNov 1, 2017

About FMHI

The investment seeks to provide federally tax-exempt income, and its secondary objective will be long-term capital appreciation. Under normal market conditions, the fund seeks to achieve its investment objectives by investing at least 80% of its net assets (including investment borrowings) in municipal debt securities that pay interest that is exempt from regular federal income taxes. Municipal securities are generally issued by or on behalf of states, territories or possessions of the U.S. and the District of Columbia and their political subdivisions, agencies, authorities and other instrumentalities.

Asset ClassFixed Income
RegionNorth America
IssuerFirst Trust Portfolios
Stock ExchangeNASDAQ
Ticker SymbolFMHI
Index TrackedBloomberg Barclays Municipal Custom High Yield Composite Index

Top 10 Holdings

14.82% of assets
NameSymbolWeight
Us DollarsN/A6.58%
BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5%N/A1.16%
BLACK DESERT PUB INFRASTRUCTURE DIST UTAH 4%N/A1.14%
CANYON PINES MET DIST COLO SPL IMPT DIST NO 1 SPL ASSMT REV 3.75%N/A0.94%
SAWYERS LANDING CMNTY DEV DIST FLA SPL ASSMT REV 4.13%N/A0.92%
NORTH PKWY MUN MGMT DIST NO 1 TEX SPL ASSMT REV 5%N/A0.84%
ILLINOIS ST 5%N/A0.84%
OKLAHOMA DEV FIN AUTH REV 7.25%N/A0.84%
YAMHILL CNTY ORE HOSP AUTH REV 5%N/A0.79%
BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 4%N/A0.79%
View More Holdings

Dividends

Ex-DividendAmountPay Date
Nov 23, 2021$0.130Nov 30, 2021
Oct 21, 2021$0.130Oct 29, 2021
Sep 23, 2021$0.130Sep 30, 2021
Aug 24, 2021$0.130Aug 31, 2021
Jul 21, 2021$0.130Jul 30, 2021
Jun 24, 2021$0.135Jun 30, 2021
Full Dividend History

News

Municipal High-Income ETF (FMHI) Hits New 52-Week High

The municipal high-income ETF hit a 52-week high recently. Can it soar higher?

6 months ago - Zacks Investment Research

First Trust Municipal High Income ETF (FMHI) Hits 52-Week High

First Trust Municipal High Income ETF (FMHI) recently hit a 52-week high. Will it soar further?

6 months ago - Zacks Investment Research

4 Factors Why Muni Bond ETFs Could Rally

The tax hike talks, improving U.S. economic growth, high yields and chances of issuances of build back America bonds may help muni bond ETFs in the near term.

Other symbols:MLNMUSTSHYD
8 months ago - Zacks Investment Research

Tax-the-Rich Slogan Not to Help Muni Bond ETFs Much

There is growing support among Americans for wealth tax imposition. What would it bring for muni bond ETFs?

Other symbols:FLMBITMMLNRVNU
1 year ago - Zacks Investment Research

Democrats Favoring Tax Hikes: Muni Bond ETFs to Soar?

Democratic presidential candidates are pitching for tax hikes in some way or the other. This should keep the winning momentum alive for muni bond ETFs.

Other symbols:FLMIMLNPZASHYD
2 years ago - Zacks Investment Research